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<p>[QUOTE=&quot;nesvt, post: 97876, member: 1749&quot;]The line under Liberty&#039;s neck is a clash mark from the eagle&#039;s wing on the reverse.&nbsp; Clashing is VERY common on Morgans.&nbsp; It happens when a blank planchet is not in place and the two dies smash together, leaving impressions of the opposing die.&nbsp; Distinct VAM designations are given if a letter is transfered.&nbsp; It could happen with I, N, or IN&nbsp; clashed under Liberty&#039;s neck, or S, ST, or T from TRUST clashing under the hairvee, or the designer&#039;s initial &quot;M&quot; appearing on the reverse over GOD.&nbsp; There are others.&nbsp; I was checking for an N under the long line.&nbsp; Still not sure if I see one or not.&nbsp; Some of them are extremely faint.&nbsp; If it is a VAM 20, as far as I know, there isn&#039;t a clashed N version.&nbsp; It would be a new discovery.&nbsp; Don&#039;t get too excited!&nbsp; I&#039;m not experienced enough to even state it&#039;s a VAM 20!</p><p><br /></p><p>The I is for INTEREST factor (are collectors interested); the R is for RARITY (how many might&nbsp; exist).&nbsp; The numbers were given out by Van Allen and Mallis when the VAM book was written... and now just Van Allen, since Mallis has passed on.&nbsp; The numbers can be subjective.&nbsp; They are based on the author&#039;s experience of seeing millions of coins.</p><p><br /></p><p>I-1 normal die</p><p>I-2 minor varaitions</p><p>I-3 significant variations; interest to collectors</p><p>I-4 major variations with universal interest to collectors</p><p>I-5 outstanding variation representing the best example of its type.</p><p><br /></p><p>R-1 common - tens of millions</p><p>R-2 several millions</p><p>R-3 scarce - hundreds of thousands</p><p>R-4 very scarce - tens of thousands</p><p>R-5 rare - several thousands</p><p>R-6 very rare - several hundred</p><p>R-7 extremely rare - few tens</p><p>R-8 unique or nearly unique - few[/QUOTE]</p><p><br /></p>

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